THE SMALL WORLD OF MANAGING HUMAN RESOURCES IN A SMALL BUSINESS

Ion Verboncu, Luise Zeininger and Mircea Mihai

Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2016, vol. 10, issue 1, 334-343

Abstract: The backbone of every economy is made of small businesses. Often overlooked by both administration and politics, small businesses have to exist, develop and maintain providing for shareholders and stakeholders, by learning quickly and adapting fast. Training and consultancy are, in this respect, best managerial tools, for a small business to grow and prosper, in a sustainable, organic way. These type of businesses' owners and very often managers are enthusiastic fast learners, used to deal with change, only very often not ready to make full use of the lessons learnt. Our paper aims to unveil a part of this small businesses world, looking at the impact of training and consultancy on them and their staff. After a brief introduction on the literature review for both training and consultancy, we continue the exposure of this particular environment, human resources in small businesses, through an empiric study, aiming to look into how several aspects of training and consultancy and there used by small businesses' owners or top management, to help improve both the degree of use and the outcome of using such managerial instruments. The study was realised on a number of Romanian small businesses, and the paper presents its outcome, discuss the results, draws conclusions and allows for further detailed work.

Keywords: human resources; management consultancy; training; management (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:rom:mancon:v:10:y:2016:i:1:p:334-343

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